Industry. Insiders are officers, directors, or significant investors in a company. He has also served on the board of directors for the Michigan Civil Rights Commission. He also served as chairman of the board of directors of Talmer Bancorp, Inc. from December 2009 to July 2016. No. Mr D is 63, he's been the Exec. Type your email address below. and Phone Email. Stock quotes provided by InterActive Data. He is the chair of the Detroit Regional Partnership and an executive board member of the Jewish Federation of Metropolitan Detroit. Gary Torgow Net Worth (2023) - GuruFocus.com owns 748,690 shares of Talmer Bancorp Inc (TLMR) as of February 9, 2016, with a value of $17 Million and a weighting of 55.03%. GuruFocus also compares Gary Torgow's trading performance to market benchmark return within the same time period. TCF Financial Corporation operates as the financial holding company for TCF National Bank that provides various financial products and services in the United States and Canada. They work towards this goal in two main areas: Education and Economic Well-Being. "He fully recused himself from every discussion, deliberation or meeting associated with this," Chemical Bank CEO and President Tom Shafer said. The combined company and bank operates under the Huntington name and brand. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Torgowdid notreturn a message forthatinformation. Odd Job Stores, Inc sells value-oriented consumer products at a broad range of price points offered at a substantial discount to the original retail price. Above is the net worth, insider trading, and ownership report for Gary Torgow. of The corporate entity will be the general contractor for the project. The oldest executive at TCF Financial Corporation is VanceOpperman, 77, who is the Lead Independent Director. Now Torgow'sfive adult children have been giventhe job of building anew 20-story headquarters in downtown Detroitfor their dad's bank and charging top-of-the-marketrents intheir future role as long-term landlord over Chemical Bank, which plans to rename itself TCF Bank in 2020. But his real avocation was helping people. Wendell Anthony, Gary Torgow, Mayor Mike Duggan, Rev. Mr. Torgow serves on the board of DTE Energy Company and serves as a director of Blue Cross Blue Shield of Michigan. Prior to his work with Talmer Bancorp and Chemical Financial Corporation, Torgow founded and chaired Sterling Group, a real estate, development, and investment company based in Michigan. sale The singer has reportedly earned an impressive wealth of 105million. Other key executives at DTE Energy Co include "We approved it because we thought it was a transaction that was beneficial to the bank," McQuade said. 3.1 Million. 2 insider transaction in Huntington Bancshares Inc (HBAN) with a net Torgow is the chairman of the board of directors. 1,800 shares on February 9, 2016, which More:What you should know about the banker behind Chemical-TCF merger, More:Chemical Bank to raze downtown Detroit building for new headquarters, More:Chemical Bank to merge with TCF Financial Corp., change name. It also offer online banking and bill payment services, online cash management, safe deposit box rentals, debit card and ATM card services and the availability of a network of ATMs for their customers. Members of Chemical Bank's board of directors, like those of other publicly tradedcompanies,get paidfor their services. and Gary Torgow , Among the world's richest are a dozen from Michigan, who together have a net. This page provides a comprehensive analysis of the known insider trading history of Gary Torgow. Mr. Torgow is well known throughout Michigan for his business and philanthropic activities. sale Millions of dollars. Areal estate report for Chemical Bank,done in March byCushman & Wakefield, says the bank'soffice rentwould actually beslightly below market value in 2022,on the assumptionthatmarket conditions in downtown will rise11%between now and then. Founder of The Sterling Group, Inc., Gary H. Torgow is a businessperson who has been at the head of 7 different companies and is Executive Chairman at TCF Financial Corp. Mr. Torgow is also Chairman for Yeshiva Bais Yehudah and Member of State Bar of Michigan and on the board of 6 other companies. According to internet, Gary Torgow's height is 1.75m. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. also Gary Torgow, chairman of Chemical Bank, the largest bank headquartered in Michigan, made his namein the metro Detroitreal estate business beforepivoting tobanking a decade ago. Those rentsalso willgrow each year. The estimated net worth of Gary Torgow is at least $32 Million dollars as of 2023-04-26. [1], Gary Torgow is chairman of The Huntington National Bank, a subsidiary of Huntington Bancshares, upon the merger of Huntington and TCF Financial Corporation.[2][3]. "TCF Financial Corp. introduces board of directors", "TCF announces renaming of Cobo Center as TCF Center", "DTE Energy names bank chairman Gary Torgow to board of directors", "Community Foundation of Southeastern Michigan", "Meet the Detroit Regional Partnership Team and Board", "Gov. Mr. Torgow is Chairman of the Mosaic United Steering Committee, an Israeli Jewish Initiative for the benefit of the Diaspora Jewry. After it was acquired by Huntington Bank, it will be known as TCF Bank. SEVP of Significant Subsidiary Thomas C Shafer Dominick Montiglio net worth and salary income estimation Torgow believes that the partnership provides the companies with better investment opportunities in the community, more jobs, and a better customer experience. Of the 20 floors in thefuture building, 10 will be for parking, nine for office space and the ground floor will be retail. . On February 6, 2015, the Company closed on their acquisition of First of Huron Corp. and its subsidiary bank, Signature Bank. , have a combined weighting of 0.91% among all his current holdings. V.P. He was the first lawyer to wear a yarmulke in the courts in the '40s. acquisition Today he serves as the. According to the SEC Form 4 filings, Gary Torgow has made a total of Director, Housekeeping Operations . Please only use it for a guidance and Gary Torgow's actual income may vary a lot from the dollar amount shown above. Gary Howard Torgow J.D. Chemical Bank announced its new Detroit headquartersin July 2018 and initially planned to ownthe new building itself, with an eye to a possiblesale-leaseback transaction after 10 years for about $154 million. Chemical Bank previously merged with Talmer Bank, where Mr. Torgow served as Founder and Chairman. The other 1 stocks Yoni Torgow is chairman of the Sterling Group, according to the firm's website. Jacob Torgow has been working as a Director, Operations at Sterling Group for 5 years. Gary Torgow - Chairman @ Huntington National Bank - CrunchBase Moreover, he serves on the boards of the Community Foundation of Southeastern Michigan and Blue Cross Blue Shield of Michigan. During the past 18 months, 0 shares of Odd Job Stores Inc (ODDJ) were sold and 0 shares were bought by its insiders, resulting in a net Chemical Bank officials say the elder Torgow severed all personal and financial ties to the Sterling Group in 2009, when he and business partnerDavid Provost turned their focus to banking. AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. Transcript : Huntington Bancshares Incorporated - Shareholder/Analyst Call, TCF Financial Corporation Announces Management Changes, Huntington Bancshares Incorporated Adds Five New Board Members. of 47,560 shares made by Kenneth J Phelan Mr. Torgow previously was Chairman at Detroit Economic Growth Corp., Chairman of The Sterling Group, Inc., Chairman of Chemical Financial Corp., Chairman at Talmer Bancorp, Inc., Chairman at Talmer West Bank, Member-Executive Board at Business Leaders For Michigan and Director at Jewish Federation of Metropolitan Detroit. degree and is married with five children. He was founder and Chairman of Talmer Bank and was also the founder and Chairman of the Sterling Group, a Michigan-based real estate, development, and investment company. He has received many awards, including the NAACPs Fannie Lou Hamer Keeping the Spirit Moving Award. of 0 shares. The new building will cost $104 million. Forbes' billionaires list includes 20 from Michigan - The Detroit News Gary Torgow also serves as a Trustee on the Board of Touro College, the Jewish Federation of Metropolitan Detroit, is a Senior Vice President of the Orthodox Union and the Board President of Detroits largest Jewish Day School, the Yeshiva Beth Yehudah. Gary Torgow wasn'tpresent during any board votes ormeetings that involved the GPC Adams deal,bank officials said. podcast episodes, Brokers, Bagmen, & Moles podcast episodes, Connections with BCD Travel podcast episodes, Cyber Security & Cloud Podcast podcast episodes, Coinbase Institutional Market Call podcast episodes, South Side Rules: A Shameless Podcast podcast episodes. He is to get a total $12.5 million for this role, including a $3.5 million lump sum in cash, $3.5 million on the first and second anniversaries of the merger's effective date and $2.75 million on. , a Michigan-based real estate, development and investment company, which has acquired, developed and operated several important landmark properties in southeastern Michigan. Torgow has a B.A. TCF Bank and Huntington Bank merged in June of 2021. Chairman at TCF. As the Exec. Chairman of TCF since . Gary Torgow around $28,278. sale Gary Torgowalso offeredno comment for this article. Gurus may be added or dropped from the GuruFocus site at any time. Baby Smoove Net Worth How Much Is Baby Smoove Worth. Theodore Bigos Net Worth (2023) | wallmine The bank ultimately decided that it wanted thevisibility thatwould come with itsown building, he said. Gary Torgow is a talented businessman, author, and community leader. , However, his net worth is estimated to be in the millions. The bank has a dual headquarters in Columbus, Ohio and Detroit. DTE Energy Co (DTE) Forbes richest Americans list includes 11 from Michigan - The Detroit News Further, it provides treasury services comprising investment and borrowing portfolios, as well as manages capital, debt, and market risks; check cashing and remittance services; lines of credit, letters of credit, and capital market products; and credit and debit cards. Rev. Gary Torgow is married with five children. a net Meet Florida's 50 highest-paid CEOs - Tampa Bay Times sale 86%. His children, Elie Torgow and Yoni Torgow, are also involved in the company. SEVP of Significant Subsidiary Michael Scott Jones cost Even before the acquisition, TCF was the largest bank headquartered in Michigan. The property consistsof two parcels that currently contain a surface parking lot and a to-be-demolished office building. Gary Torgow - Chairman - Huntington National Bank | LinkedIn When the merger with Talmer Bancorp was finalized, it was named TCF Bank. Talmer Bancorp Inc. was incorporated under the laws of the State of Michigan in February 2003 and it became the bank holding company for Talmer Bank and Trust in 2007. This investment adviser does not provide advice to individual investors. Over the past 18 months, also During his time as chairman of the Detroit Economic Growth Corporation, he led the organization in achieving its goal of growing the citys economy. The most-recent trade in Huntington Bancshares Inc is the Chairman of TCF, the total compensation of Mr D at TCF is $2,391,244. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Net Worth . What you should know about the banker behind Chemical-TCF merger, Chemical Bank to raze downtown Detroit building for new headquarters, Chemical Bank to merge with TCF Financial Corp., change name, Your California Privacy Rights / Privacy Policy. Gary Torgow is a talented businessman, author, and community leader. "This is not a negative story. Their total net worth jumped 18 percent to a record $7.67 trillion over last year, reported the publication. Gary Torgow is the CHAIRMAN of Talmer Bancorp Inc and owns about 748,690 shares of Talmer Bancorp Inc (TLMR) stock worth over $17 Million . Gary Torgow Net Worth - How Much Is Gary Torgow Worth? Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. They work towards this goal in two main areas: Education and Economic Well-Being. Gary Torgow previously served as Chairman of Chemical Financial Corporation, before they acquired TCF Financial Corporation and adopted the name. "We are getting our own building with our name on it in a really premier location.". is the Exec. Elie Torgow has been working as a Chief Executive Officer at Sterling Group for 7 years. Language links are at the top of the page across from the title. He was appointed to the board of directors of TCF Financial Corporation upon completion of the merger between Chemical Financial Corporation and legacy TCF Financial Corporation on August 1, 2019. Mr. The performance of stocks bought by Gary Torgow within 3 months outperforms 3 times out of 5 transactions in total compared to the return of S&P 500 within the same period. Competition among financial institutions is based on interest rates offered on deposit accounts, interest rates charged on loans, other credit and service charges relating to loans, the quality and scope of the services rendered, the convenience of banking facilities, and, in the case of loans to commercial borrowers, relative lending limits. Gary Barlow net worth. As thedeal with the Torgowchildren moved forward, Gary Torgow was completely absent from any aspect of it, Shafer said. What Is the Average Cost of College Tuition? Gary Barlow has written 13 No 1 singles KEVIN MAZUR/GETTY IMAGES Net worth: 90m no change on 2021Source of wealth: MusicRank on the Music Millionaires list: 39= 2 on 2021 Barlow last year. Insider Trends: Insider at TCF Financial Sells Stock for Taxes Interrupting 90-Day Buy Trend, The Huntington National Bank (Columbus, Ohio), Jewish Federation of Metropolitan Detroit, The Community Foundation for Southeast Michigan. He previously served as the executive chairman of TCF (known as Chemical Financial Corporation until August 2019) from September 2016 until the TCF merger in June 2021, and served as executive chairman of Talmer Bancorp Inc. until its merger with Chemical Financial Corporation in August 2019. Additionally, he serves as the Trustee on the board of the Jewish Federation of Metropolitan Detroit and is a member of the board of the Detroit Regional Partnership. TCF Financial Corporation was founded in 1923 and is headquartered in Detroit, Michigan. Their work includes strengthening K-12 public education, afterschool learning opportunities, and college and career pathways. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Danny Tommo net worth Apr, 2023 - People Ai of 36,217. Please only use it for a guidance and Danny Tommo's actual income may vary a lot from the dollar amount shown above. During the past 18 months, 10,338 shares of DTE Energy Co (DTE) were sold and 0 shares were bought by its insiders, resulting in a net What is the salary of Mr D? Before joining Talmer, Mr. Torgow founded and chaired the Sterling Group, a Michigan-based real estate, development, and investment company. After merging, the group now has dual headquarters in both Detroit, Michigan and Columbus, Ohio. Gary is also the founder of the Sterling Group, a Michigan-based real estate, development and investment company, which has acquired, developed and operated several important landmark properties in southeastern Michigan. He is a prolific songwriter who was even voted the greatest British songwriter of all time. The company offers checking, savings, and money market accounts; certificates of deposit; and individual retirement accounts. Gary Board previously served on the board of Jackson National Life Insurance Company of New York. Gary Torgow has served as a volunteer on numerous civic and communal boards, including the Detroit Economic Growth Corporation and the Michigan Civil Rights Commission, both of which he served as Chairman. According to the SEC Form 4 filings, Gary Torgow has made a total of The Company also engages in mortgage banking activities and, as such, acquires, sells, and services one-to-four family residential mortgage loans and construction loans. He was born on November 2, 1962, in Los Angeles, California. In addition, he is a member of Business Leaders of Michigan, as well as the Executive Board of Mosaic United. Chairman of TCF, the total compensation of Mr D at TCF is $2,391,244. of 30,361 shares made by Scott D Kleinman Biography of Gary Torgow. Gary Torgow owns about. Huntington and TCF complete merger, ink $12.5M deal for Torgow Talmer Bank and Trust is a Michigan state-chartered bank that opened in August 2007 in Troy, Michigan. There are 5 executives at TCF getting paid more, with Thomas Shafer having the highest compensation of $7,563,640. Barbara McQuade, theformer U.S. attorney for the Eastern District of Michigan, is a member of Chemical Bank's board. is the Exec. no insider transaction in DTE Energy Co (DTE). The company offers checking, savings, and money market accounts; certificates of deposit; and individual retirement accounts. . is the Exec. Mr. According to Gary Torgow, the deal is a win-win situation for both the corporation and the city of Detroit. His five children are currently building a new 20-story headquarters in downtown Detroit, charging top-of-market rents. Click here to see the complete history of Gary Torgows form 4 insider trades. Please contact your Company Administrator to reset your password if you continue having problems logging in. He was born in Lansing, earning cash as a teenager by fixing used televisions. Other recent insider transactions involving DTE Energy Co (DTE) include Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Pocket (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), Click to email a link to a friend (Opens in new window). a net During his career, Gary Torgow has served on many civic and business boards. We. Gary Torgow made Mr. Torgow is Chairman of the Mosaic United Steering Committee, an Israeli Jewish Initiative for the benefit of the Diaspora Jewry. Shafer, the Chemical Bank CEO, said he scoutedvariousexisting buildings and new projects acrossdowntown beforethe bank opted for an all-new headquarters. I thought we would be foolish to reject this ideal propertyjust out of fear that there could be some inaccurate perception of improper self-dealing,"McQuade said. During the past 18 months, 522,857 shares of Huntington Bancshares Inc (HBAN) were sold and 103,429 shares were bought by its insiders, resulting in a net In addition, he is a trusted advisor in many communities. Gary Torgow is the director of Huntington Bancshares Inc. He was appointed to the board of directors of TCF Financial Corporation upon completion of the merger between Chemical Financial Corporation and legacy TCF Financial Corporation on August 1, 2019. cost Gary Torgow currently owns a total of 4 Gary is a member of the Executive Board of Business Leaders of Michigan and is a Trustee and Board member of the Community Foundation of Southeastern Michigan. It also provides consumer loans; loans secured by personal property, as well as unsecured personal loans; commercial and industrial loans; commercial real estate loans; lease and equipment financing products; inventory financing products; and residential, consumer, and small business lending products. The oldest executive at TCF Financial Corporation is VanceOpperman, 77, who is the Lead Independent Director. As of April 2023, Gary Barlow's net worth is estimated to be roughly $125 Million. Other key executives at Huntington Bancshares Inc include . Committees: Community Development Committee, Lending products are subject to credit application and approval. All rights reserved. Gary is a member of the Executive Board of Business Leaders of Michigan and is a Trustee and Board member of the Community Foundation of Southeastern Michigan. Gary is also the founder of the. We want you to have a great experience while you're here. , Forbes names Michigan's 12 billionaires - mlive.com & COO - DTE Gas Company Joi M. Harris . Among these stocks, Gary Torgow around $395,819. of After leaving his Sterling Group real estate firm, Gary Torgow and Provost went on to buy numerousdistressed banks in the early 2010s andbuildwhat became Talmer Bank,a $7-billion operation that haddozens of branch offices in Midwest states. of 0 shares. of 0 shares. the CHAIRMAN of Talmer Bancorp Inc and owns about 748,690 shares of Talmer Bancorp Inc (TLMR) stock worth over $17 Million. Past performance is a poor indicator of future performance. TCF Financial Corporation was founded in 1923 and is headquartered in Detroit, Michigan. Ron McGovney Net Worth . 2023 www.freep.com. Wallmine is a radically better financial terminal. Wanna follow Danny Tommo's net worth? . In 2016, Talmer Bank merged withChemical Bank andformedthe biggest bankheadquartered in Michigan. The most active insiders traders include David T Provost, Gary Torgow, and Craig R Dahl . degree and a J.D. He made money during the Great Recession by. of 2,200 shares made by Lisa A. Muschong In the interim, it will operate under the Huntington brand. Gary has 1 job listed on their profile. of 10,338 shares. 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